Bates School Parent Teacher Organization

Nonprofit profile at a glance

EIN
046196051
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Wellesley, MA, USA
Phone
7814466260
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$86,628
Expenses
$85,884
Assets
$201,784

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • JESSICA PRATT (CO-PRESIDENT)
  • NICOLE SCHMIDT (CO-PRESIDENT)

People named in this filing

  • JESSICA PRATT (CO-PRESIDENT)
  • NICOLE SCHMIDT (CO-PRESIDENT)
  • JENNA SYNBORSKI (CO-VICE PRES)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide education-related support and services to the students and staff of the katharine lee bates elementary school located in wellesley, Massachusetts.

What it reported doing in 2024

Grants to and expenditures for the benefit of the katharine lee bates elementary school to increase understanding of children and education in order to promote best education through financial support and volunteer efforts and to facilitate communications between home, school, and community

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 91% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 82
  • Sustainability: 49
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.4%; rating input score 94
  • Program expense ratio: 94.9%; rating input score 95

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.9%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 2.35; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -1.6% per year; rating input score 0; 43rd percentile among comparable filings
  • Revenue growth: -1.6% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: 7.2% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 94.4% of revenue deployed · 94.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $81K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.